by Roberta Murphy I received an irate call from my father, Bob Michelson, this morning. He, a calm and decorated veteran and pilot of three wars, was fit to be tied. In addition to following the stock market closely, he tracks world events with the eyes of a falcon. “GM’s stock price is at an all-time low and Citibank is sitting at a 10-year low,” growled the Colonel. “Meanwhile the…
by Roberta Murphy This is a market that sometimes brings out the creative forces in real estate. And more and more, real estate exchanges are making lots of sense in the luxury real estate market. Earlier this evening, I had an interesting conversation with a Sotheby’s real estate agent in Northern California. It seems he is interested in exchanging his exquisite 104 acre property just outside Carmel for a luxury…
by Roberta Murphy Zillow founder Rich Barton loves placing industries inside glass houses (most notably in real estate), and may now become the cause of painful overexposure (or welcome relief) for industry executives. It seems he just unveiled GlassDoor, which will reveal salary reports, compensation figures and reviews from employees. GlassDoor, based in Sausalito, CA, currently has around 2,000 salary reports from over 250 companies along with a current reports…
by Roberta Murphy Forecl—– It’s a word softly whispered when luxury homeowners in luxe communities like Palm Beach (33480), Beverly Hills (90210), Greenwich (06831) and Rancho Santa Fe (92067) discuss their local real estate markets. Real estate prices have been declining in many of these markets throughout the country, and some of the heavily mortgage homes are ending up as foreclosure sales. The most prominent foreclosure victim of late is…
by Roberta Murphy I really want to talk about the effect gas prices will have on real estate, but first wish to tell a little story: My grandgather, Adolph Michelson emigrated at the age of 7 with his family from Norway to Deadwood, South Dakota. It required a long, hard journey by steamship. train and wagon to arrive at their eventual home in the steep hills above Deadwood. It was…
Google has become a noun, a verb and a trusted friend in my life. It of course answers endless questions and sends curious clients my way, but also handles my email, documents, maps, spreadsheets, instant chat, and more. And when I want to check traffic conditions, I can do it with another Google real time mapping application on the Blackberry. Just when I have to count both fingers and toes…
